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The Latest Breaking News from Rex

As OPEC flags a healthy outlook for the second of the year, the prospects of the oil market show promise. Therefore, investing in fundamentally robust energy stocks REX American Resources (REX), NOW Inc. (DNOW), and ChampionX Corp. (CHX) could help boost your portfolio returns. Learn more….

StockNews.com

Australian Senate summons Qantas CEO to appear before cost-of-living inquiry

Qantas boss Alan Joyce called before Australian Senate inquiry to explain high ticket prices and controversial travel credit scheme

The Guardian - AU

One in 10 flights between Sydney and Melbourne are cancelled. Is slot hoarding to blame?

Critics say legislation that governs Sydney airport provides bizarre incentives for airlines to schedule then cancel certain services

The Guardian - AU

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3 Energy Investments for Every Day Traders

As the energy industry enjoys robust demand, boosting the energy services industry, fundamentally strong energy services stocks NexTier Oilfield (NEX), REX American Resources (REX), and Newpark Resources (NR) might be solid investments for everyday traders. Keep reading.

StockNews.com

Cyclingnews Awards: Chain Wax

Waxing your chain is a great option, these are our picks of the best

Cycling News

Mission Impossible's nine scariest stunts that 'nearly killed' Tom Cruise

Mission Impossible is known to be full of thrills, adventures, and stunts. The lead, Tom Cruise, decided a long time ago to go ahead and do his own even if it isn't the safest idea

Daily Mirror

Buy These 3 Energy Stocks for an Easy Investment

Robust oil demand should strengthen the energy market landscape. Therefore, fundamentally stable energy stocks REX American Resources (REX), Ranger Energy Services (RNGR), and NCS Multistage Holdings (NCSM) could be wise investments now. Read on….

StockNews.com

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Rex Airlines downgrades guidance, predicts $35m loss

Regional Express says a global shortage of pilots and engineers has recently forced it to cut back on flights and it won't make a profit this year after all.

The New Daily

Rex Airlines warns of $35m loss due to ‘supply chain shocks’

Company says it has been forced to make significant reductions to its flight schedule in recent months

The Guardian - AU

The boss of bush aviation remembered as a rule-breaker

Hundreds have gathered at Orange airport in central west NSW to remember Max Hazelton, an Australian aviation pioneer who founded his own airline from nothing.

AAP

Rex and Bonza call for immediate overhaul of Sydney airport laws to increase competition

Aviation leaders make plea to federal government, saying higher airfares and poorer service will persist without change

The Guardian - AU

ACCC says it’s crucial that rules change to prevent Qantas, Virgin duopoly

The Albanese government is facing growing calls to crack down on major airlines like Qantas hoarding plane slots at Sydney Airport.

The New Daily

Delays, poor service, high prices: Shocking tale of woe for air travellers

Qantas and Virgin's market dominance has led to higher prices and poorer service, the Australian Competition and Consumer Commission says.

The New Daily

Qantas and Virgin given little incentive to cheapen air fares, watchdog warns

ACCC warns airline industry is at ‘critical juncture’ with a developing duopoly stunting competition

The Guardian - AU

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ABC News

Calls to make airport charges fairer after Rex cancels Whyalla to Adelaide flights

There are calls for the federal government to make security funding for country airports more equitable after Rex Airlines cancelled its service in a regional South Australian city.

ABC News

Rex Airlines slams Whyalla City Council, cancels regional centre's flights to Adelaide

The regional carrier says the council is trying to force it into paying a security charge it cannot afford. Whyalla City Council says the federal government must continue to subsidise that cost.

The Guardian - AU

Australian airlines push back on calls to compensate passengers for delays and cancellations

Exclusive: Companies say a compensation scheme like the EU’s would drive up air fares in Australia

ABC News

Regional WA residents back calls for airline crackdown as flight cancellations, delays skyrocket

WA residents back calls for mandatory compensation for delayed and cancelled flights.

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ABC News

Rex Airlines cuts multiple regional flight routes across Australia, businesses, community set to suffer: MP

Thousands of people living in remote and regional Australia are feeling even more isolated as Rex Airlines reduces some of its flights from today.

ABC News

Rex Airlines cuts regional flights blaming pilot, engineer and parts shortages

A company spokesperson says the changes are "minor," but remote communities affected by the cuts say they will have a "compounding effect" on education, health and culture.

Guitar World

NAMM 2023: T-Rex unveils stunning $2,100 Binson Echorec reproduction – a pedal version of the iconic delay that’s been seven years in the making

The Denmark-based pedal builder sets heads spinning with its reproduction of the analog delay unit beloved by Pink Floyd and Led Zeppelin

AAP

Regional airline buys stake in electric propulsion firm

Regional flights could be quieter and cheaper in future after a major Australian airline invested in an aviation start-up making planes electric.

ABC News

Rex airline operations in WA 'not up to standard communities expect', senior manager says

The airline says skilled labour shortages, supply chain issues, and the highest pilot attrition rate since the global financial crisis are to blame for recent cancellations and delays in Western Australia.

The New Daily

Rex plane forced to make emergency landing in Melbourne

A plane has made an emergency landing at Melbourne Airport amid reports of smoke coming from the cockpit.

The New Daily

Rex Airlines adds two new Boeing jets to its domestic fleet

Regional Express (Rex Airlines) on Tuesday announced that it has committed to leasing two new 737-800 NG jets from global aerospace company and manufacturer Boeing.

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